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VOTUM FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
VOTUM FOUNDATION INC (EIN 59-3580800)
Tax period
2021-01-01 to 2021-12-31
Filed
2023-02-11
IRS object ID
202330429349100803
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-11T14:49:14-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JIM D LEE CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 S FLORIDA AVE STE 530AddressLine1Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP338015268ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593580800EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VOTUM FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVOTUBusinessNameControlTxt
Phone8636471581PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 330AddressLine1Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33802ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAWRENCE W MAXWELLPersonNm
Person TitlePRES/TREASPersonTitleTxt
Phone8636471581PhoneNum
Signature2023-02-10SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLAWRENCEPersonFirstNm
Person LastMAXWELLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJIM LEE CPAPreparerPersonNm
PTINP01233071PTIN
Phone8636867330PhoneNum
Preparation2023-02-11PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$12,235,536FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$10,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2,568InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,568InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2,568InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$658,937OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$658,937OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$671,505TotalRevAndExpnssAmt
Total Net Invst Incm$2,568TotalNetInvstIncmAmt
Total Adj Net Incm$661,505TotalAdjNetIncmAmt
Taxes Rev And Expnss$73TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$73TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$73TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$73TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,900,485ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,900,485ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,900,558TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,900,558TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,229,053ExcessRevenueOverExpensesAmt
Net Investment Income$2,568NetInvestmentIncomeAmt
Adjusted Net Income$661,505AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$2,912,433SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,748,533SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,748,533SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$6,072,851OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$5,572,851OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$6,072,851OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$6,072,851OtherNtsAndLoansRcvblEOYFMVAmt
Other Investments BOY$3,377,525OtherInvestmentsBOYAmt
Other Investments EOY$3,373,900OtherInvestmentsEOYAmt
Other Investments EOYFMV$3,373,900OtherInvestmentsEOYFMVAmt
Other Assets EOY$40,252OtherAssetsEOYAmt
Other Assets EOYFMV$40,252OtherAssetsEOYFMVAmt
Total Assets BOY$11,862,809TotalAssetsBOYAmt
Total Assets EOY$12,235,536TotalAssetsEOYAmt
Total Assets EOYFMV$12,235,536TotalAssetsEOYFMVAmt
Other Liabilities BOY$2,500,000OtherLiabilitiesBOYAmt
Other Liabilities EOY$5,101,780OtherLiabilitiesEOYAmt
Total Liabilities BOY$2,500,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,101,780TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$9,362,809NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$7,133,756NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$9,362,809TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,133,756TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$11,862,809TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,235,536TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,362,809TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,229,053ExcessRevenueOverExpensesAmt
Subtotal$7,133,756SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,133,756TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$36InvestmentIncomeExciseTaxAmt
Subtotal$36SubtotalAmt
Tax Based On Investment Income$36TaxBasedOnInvestmentIncomeAmt
Tax Due$36TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLAWRENCE W MAXWELLIndividualWithBooksNm
Phone8636471581PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1500 S FLORIDA AVE SUITE 700AddressLine1Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33801ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LAWRENCE W MAXWELL
500 S FLORIDA AVE SUITE 700LAKELANDFL33801PRES/TREAS5.00$0$0$0
ANITA K MAXWELL
500 S FLORIDA AVE SUITE 700LAKELANDFL33801VP/SECTRY1.00$0$0$0
AMANDA R DROST
500 S FLORIDA AVE SUITE 700LAKELANDFL33801DIRECTOR1.00$0$0$0
BENJAMIN DE FALK
500 S FLORIDA AVE SUITE 700LAKELANDFL33801DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,940,003AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,940,003TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,940,003AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$44,100CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,895,903NetVlNoncharitableAssetsAmt
Minimum Investment Return$144,795MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$144,795MinimumInvestmentReturnAmt
Tax Based On Investment Income$36TaxBasedOnInvestmentIncomeAmt
Total Tax$36TotalTaxAmt
Distributable Before Adj$144,759DistributableBeforeAdjAmt
Distributable Before Ded$144,759DistributableBeforeDedAmt
Distributable As Adjusted$144,759DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,900,558ExpensesAndContributionsAmt
Qualifying Distributions$2,900,558QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$144,759DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$360,075ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$613,847ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,820,212ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,267,437ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,042,251ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$6,103,822TotalExcessDistributionCyovAmt
Qualifying Distributions$2,900,558QualifyingDistributionsAmt
Applied To Current Year$144,759AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,755,799RemainingDistriFromCorpusAmt
Total Corpus$8,859,621TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$360,075ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$8,499,546ExcessDistriCyovToNextYrAmt
Excess From Year4$613,847ExcessFromYear4Amt
Excess From Year3$1,820,212ExcessFromYear3Amt
Excess From Year2$1,267,437ExcessFromYear2Amt
Excess From Year1$2,042,251ExcessFromYear1Amt
Excess From Current Year$2,755,799ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonLAWRENCE MAXWELLRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1500 SOUTH FLORIDA AVEAddressLine1Txt
Address Line2SUITE 700AddressLine2Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33801ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8636471581RecipientPhoneNum
Recipient Email AddressLMAXWELL@CENTURYCOMPANIES.NETRecipientEmailAddressTxt
Form And Info And MaterialsNAME, ADDRESS, TELEPHONE NUMBER, CONTACT PERSON, PURPOSE FOR REQUESTFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsSUPPORT MAY BE MADE FOR A WIDE VARIETY OF CHARITABLE ACTIVITIES INCLUDING EDUCATION, HEALTH, ARTS AND CULTURAL, HUMAN SERVICE, AND CIVIC AND ENVIRONMENTAL PROGRAMS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
EQUIP LEADERSHIP INC
2050 SUGARLOAF CIRDULUTHGA30097MINISTRY$100,000
INDIANA WESLEYAN UNIVERSITY
4201 S WASHINGTON STMARIONIN46953EDUCATION$200,000
KIDS ARK
PO BOX 7361LAKELANDFL33807MINISTRY$170,000
TAMPA MUSLIM OUTREACH
218 E BEARSS AVE 346TAMPAFL33613MINISTRY$50,000
WARNER UNIVERSITY
13895 HIGHWAY 27LAKE WALESFL33859EDUCATION$50,000
WORLD HOPE INTERNATIONAL
PO BOX 743794ATLANTAGA30374MINISTRY$1,030,485
LAKELAND CHRISTIAN ACADEMY
1111 FOREST PARK STLAKELANDFL33803EDUCATION$1,000,000
PRISON FELLOWSHIP INTERNATIONAL
44180 RIVERSIDE PARKWAYLANSDOWNEVA20176COMMUNITY ASSISTANCE$25,000
OHIO CHRISTIAN UNIVERSITY
1476 LANCASTER PIKECIRCLEVILLEOH43113EDUCATION$25,000
HARVEST PARTNERS
15055 W 116TH STOLATHEKS66062MINISTRY$250,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,900,485TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,568ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
OTHER REVENUE$588,687
PARTNERSHIPS$70,250

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,568ExclusionAmt
Related Or Exempt Function Incm$658,937RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$661,505TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonDONALD P MCCORMLEYContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11061 MERION DRAddressLine1Txt
CityWEST MIFFLINCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15122ZIPCd
FieldValueIRS element (for citing)
Total Contributions$10,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemOTHER NOTESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$3,373,900BookValueAmt
EOYFMV$3,373,900EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescPARTNERSHIPSDesc
EOY Book Value$40,252EOYBookValueAmt
EOYFMV$40,252EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER REVENUE$588,687$588,687
PARTNERSHIPS$70,250$70,250

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescLOANS PAYABLEDesc
BOY Book Value$2,500,000BOYBookValueAmt
EOY Book Value$5,101,780EOYBookValueAmt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1MISCELLANEOUS LOAN ACCTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$6,072,851BalanceDueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryLICENSE & TAXESCategoryTxt
Amt$73Amt
Disbursements Charitable Prps$73DisbursementsCharitablePrpsAmt

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